Wendy's to close hundreds of restaurants as company looks to focus on value to boost sales [FOX Business Network]
Wendy's Company (The) (WEN)
Last wendy's company (the) earnings: 2/26 07:00 am
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Source: FOX Business Network
In the October through December quarter, the fast-food giant reported same-store sales, or sales at restaurants open for at least one year, declined 11.3% in the U.S. While Wendy's previously announced late last year its intent to close underperforming restaurants, interim CEO Ken Cook provided more details on Friday during the company's call with investors. Cook said that the company shuttered 28 locations in the fourth quarter of 2025 and expects to close 5% to 6% of its 5,959 restaurants, or 298 to 358 locations, in the first half of this year. The planned closures occur as the fast-food giant continues its turnaround plan dubbed Project Fresh. Announced in October 2025, Wendy's said the strategy is "designed to revitalize the brand, reignite growth, [and] accelerate profitability." Part of its plan to win back customers is shifting its focus to value, as many core customers still feel strained by higher living costs. "Learning from 2025 around value, we swung the pendul
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WEN
News
- Wendy's (NASDAQ:WEN) had its price target lowered by analysts at JPMorgan Chase & Co. from $9.00 to $7.00. They now have a "neutral" rating on the stock.MarketBeat
- The Wendy's Company (WEN): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Wendy's (NASDAQ:WEN) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=WEN&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> frMarketBeat
- Major fast-food chains roll out limited-time fish sandwiches for Lent: See the list [FOX News]FOX News
- The Wendy's Company Comments on Amended 13D Filing from Trian Partners [Yahoo! Finance]Yahoo! Finance
WEN
Earnings
- 2/13/26 - Beat
WEN
Sec Filings
- 2/23/26 - Form 10-K
- 2/18/26 - Form 8-K
- 2/18/26 - Form SCHEDULE
- WEN's page on the SEC website